6 comments:

Anonymous
said...

I know landlords can write off lost revenue when a space sits empty, but that can't be the same as generating actual revenue. With so much business going online, why aren't landlords dropping prices? Walking around during the holiday, I was shocked that EVEN MORE retail space is empty. 14th Street in the Meat Packing is pretty much 1 big empty space. I just don't get it.

I agree with this comment and often wonder why so many commercial real estate store fronts sit empty for so long. Just look at the north side of St. Marks Place west of 2nd Avenue, among many others. You would think that owners would lower their rents in accordance with the demand for space.

Limiting vacancy write-offs to 3 months per 2 years would encourage more reasonable rates and maybe even get landlords to actively work to keep their tenants. If only the city & state reps cared about anyone other than their donors...

Thrillist: The Best NYC Neighborhood Blogs 2017

Named one of the best NYC Neighborhood blogs in 2016

Named Best Local Website New York 2014 by The Village Voice

Named one of the Essential NYC neighborhood blogs 2014

By the way

Here, you'll find things that you may or may not be interested in about the East Village and other parts of New York City. Appreciating what's here while it's still here. Remembering what's no longer here. Wishing some things weren't here that are here.

We love tips

Have a story idea or tip about something happening in the East Village? Or maybe a photo? Or several photos? Or video! We'd love to hear about it. Or see it. Or something. Please go here to submit a tip.